In another expansive move, Priceline Group, the largest online travel agent in the US, will invest $500 million in China’s biggest online travel entity Ctrip.
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Priceline Says Aloha! to OpenTable and Sayonara! to Competition
Priceline buying restaurant reservation website OpenTable for $2.6 billion shows the expansion of the hospitality space growing ever more competitive. It was only a matter of time until restaurants became a bigger part of the tourism mix. If ever there were an “all in one” travel company emerging, Priceline may have just bid Sayonara! to its competition.
buuteeq Adds Expert Gas
Digital marketing startup for hotels buuteeq has announced having expanded their team with the addition of Karim Meghji as Chief Product Officer and VP of Engineering. The news of Meghji’s appointment, along with other staffing and product additions, comes at a time when buuteeq is rapidly expanding their reach globally.
buuteeq Solution Gives Hotels Early Advantage
For new hotels, establishing an online footprint before they open their doors has never been so important. It’s vital that hotel operators generate buzz ahead of the big day, not only to ensure a house full of guests, but also so they can escape from the clutches of expensive OTAs garnishing their profits.
Big OTAs and Big Hotels in Price Fixing Lawsuit
A federal lawsuit naming the likes of Expedia, Orbitz, Booking.com, Travelocity, Trump International Hotels Management, Intercontinental, Kimpton, Sabre Holdings, Priceline, Marriott, Starwood, and Hilton alleges the companies conspired to fix hotel room prices. According to the news from Reuters, the suit claims the travel giants did so in an effort to fend off competition from smaller online retailers.